Iconic, Family-Owned Pizzeria and Sub Shop
- Primary Category: Pizza Restaurants for Sale
Long-established, family-owned and busy pizza/sub shop restaurant in Palm Beach County offered with the real estate. Last year, the business generated nearly $1.8 million in annual revenue and $286,000 in SDE.
The sale includes approximately 2,500 square feet of restaurant premises plus an adjoining space leased to a third-party tenant for approximately $10,000 per month.
The business benefits from a long operating history, established local customer base, experienced staff and significant investment already made in equipment and facilities. Opportunities may exist to expand delivery and use third party delivery services, add catering and incorporate digital marketing.
Owner is retiring after decades of ownership.
For an operator or group looking to acquire a business with a proven track record, a loyal customer base, and clear paths to growth, this is a compelling opportunity in one of South Florida's most desirable markets
This is a confidential listing. Financial details, exact location, and business name will be disclosed to qualified buyers with experience, upon execution of a Non-Disclosure Agreement, POFs.
Financial Information
- $840,000 Asking Price
- $286,149 Cash Flow
- $1,786,203 Gross Revenue
- $840,000 Down Payment
- N/A Adjusted EBITDA
Business Location
- City: Palm Beach County
- State: Florida
Reason for Sale
- Retirement
Detailed information
- Year Established: 1981
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: Yes
- SBA Prequalified: No
- Full-Time Employees: 7
- Part-Time Employees: 16
- Contractors: N/A
- Owner Worked Hours/w: 25
- Inventory Included: Yes
- Inventory Value: $7,000
- Monthly Rent: $11,187
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $2,799,000
- Building Size: 2536
- FF&E Included?: Yes
- FF&E Value: $210,725
Training/Support
- Weeks Training: 2 Cost: $0
Business Listed by
Mark Quinn
Sunbelt of South FloridaContact Business Broker
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